NOT LISTED FOR SALE

7 Bay Oak Dr Lewes, DE 19958

Estimated Value: $574,609 - $677,000

4 Beds
2.5 Baths
2,300 Sq Ft
$275/Sq Ft Est. Value

Last Sold August 11, 2017

Last sale price $369,900 $161 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,345/month

84 Days on Market

Highlights

  • In Ground Pool
  • 1.23 Acre Lot
  • Deck
  • Love Creek Elementary School Rated A
  • Coastal Architecture
  • Wooded Lot

About This Home

As of August 2017

Welcome to lucky number 7 Bay Oak Drive. Here in the wooded back bay area of Lewes Delaware you will find Bay Oak. All of the wooded lots in this community are at least 1 acre in size. This 4 bedroom home has it all. As you enter the foyer you can't help but be impressed by the beautiful hard wood floors, vaulted ceilings and tons of natural light in the grand living room. The kitchen boasts a beautiful tile floors granite counters and stylish black appliances. Next you will find a comfortable TV room that over looks the in ground pool out back. Down the first floor hallway you come to the Den/Nursery, laundry room, mud room, 1/2 bath, and the Master Suite with his and hers closets, master bath and a slider that takes you outside to a private sun deck and outside shower. Up stairs is the Loft/TV room, a large full bath, 3 nice size bedrooms, and a walk-in attic space. Riding mower, kitchen stools, leather sofa and large flat TV and more are included. You will not find more for le$$.

Last Agent to Sell the Property

TJ Redefer

(302) 227-1232 tj@rehobothbayrealty.com Rehoboth Bay Realty, Co. Listed on: 04/29/2017

Last Buyer's Agent

TJ Redefer

(302) 227-1232 tj@rehobothbayrealty.com Rehoboth Bay Realty, Co. Listed on: 04/29/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 1.23 Acre Lot
  • Partially Fenced Property
  • Irregular Lot
  • Sprinkler System
  • Wooded Lot
  • Zoning described as RESIDENTIAL PLANNED COMM.

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,300 Sq Ft Home
  • Property has 2 Levels
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Insulated Doors
  • Living Room
  • Dining Room
  • Den
  • Loft
  • Sun or Florida Room
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Propane
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Capping Fill

Community Details

  • Bay Oaks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 234-12.00-205.00

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Icemaker, Refrigerator, Oven/Range - Electric, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick, Vinyl
  • Interior Amenities: Attic, Breakfast Area, Ceiling Fan(s)
  • Window Features: Insulated
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Block, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Den, Sun/Florida Room, Loft, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2300
  • Living Area Sq Ft: 2300
  • Net Sq Ft: 2300.00
  • Price Per Sq Ft: 169.13
  • Above Grade Finished Sq Ft: 2300
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Lawn Sprinkler, Outside Shower
  • Pool Features: In Ground
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage Door Opener
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Propane, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Capping Fill
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 250.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Association Recreation Fee: No

Lot Info

  • Fencing: Partially
  • Lot Features: Irregular, Trees/Wooded
  • Lot Size Acres: 1.23
  • Lot Size Area: 1
  • Lot Size Units: Acres
  • Lot Sq Ft: 53579.00
  • Outdoor Living Structures: Deck(s)
  • Zoning Description: RESIDENTIAL PLANNED COMM.

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5149110
  • Assessor Parcel Number: 234-12.00-205.00
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2017
Closed on
Aug 4, 2017
Sold by
Redefer John E and Redefer Roberta A
Bought by
Mcgregor Catherine M and Mcgregor William S
Seller's Agent
TJ Redefer
Rehoboth Bay Realty, Co.
Buyer's Agent
TJ Redefer
Rehoboth Bay Realty, Co.
List Price
$389,945
Sold Price
$369,900
Premium/Discount to List
-$20,045
-5.14%
Current Estimated Value
$632,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,752
Avg. Annual Appreciation
6.57%
Original Mortgage
$290,400
Outstanding Balance
$242,316
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$390,336

Purchase Details

Closed on
Jul 5, 2001
Bought by
Redefer John E and Redefer Roberta A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mcgregor Catherine M $363,000 None Available
Redefer John E $43,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgregor Catherine M $290,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2017 08/11/17 Sold $369,900 -5.1% $161 / Sq Ft
07/22/2017 07/22/17 Pending -- -- --
04/29/2017 04/29/17 For Sale $389,945 -- $170 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $585 $29,550 $4,300 $25,250
2024 $956 $29,550 $4,300 $25,250
2023 $955 $29,550 $4,300 $25,250
2022 $904 $29,550 $4,300 $25,250
2021 $1,392 $29,550 $4,300 $25,250
2020 $1,387 $29,550 $4,300 $25,250
2019 $1,389 $29,550 $4,300 $25,250
2018 $1,298 $29,550 $0 $0
2017 $1,243 $29,550 $0 $0
2016 $1,180 $29,550 $0 $0
2015 $1,128 $29,550 $0 $0
2014 $1,120 $29,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001028904

Bright MLS

APN: 234-12.00-205.00